JD.com opens its largest offline experience store to take on traditional channels

JD.com opens its first super experience store “JD E-SPACE” in Chongqing, China on November 7 2019. Yan Xiaobing, Vice President of the company, says, JD.com would love to try out the possibilities of breaking down existing retailing landscape and establishing a new one even it might bear the risk ...

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VDE|DKE-Regional-Office opened in China

With the "Standards CHINA 2035" vision, the Chinese government has launched an ambitious transformation program aimed at streamlining, refining and streamlining the hitherto very heterogeneous and complex Chinese standardization system to adapt to the current needs of the Chinese market. The...

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Haier Smart Home saw a 7.72% rise in revenue for the first three quarters of 2019

Haier Smart Home posted revenue of 148.896 billion Yuan for the first three quarters of 2019, a year-on-year growth of 7.72%, net profit of 7.773 billion Yuan, a year-on-year rise of 26.16%, and net operating cash flow 9.007 billion Yuan, down by 17.39% year-on-year, according to the company’s...

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Midea saw net profit up by nearly 20% in the first three quarters of 2019

Midea Group posted revenue of 220.918 billion Yuan, up by 7.37% year-on-year in the first three quarters of 2019, net profit of 21.316 billion Yuan, up by 19.08% year-on-year, and earnings per share 3.2 Yuan, according to the company’s report released on October 30, 2019. For the third quarter...

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Revenue of TCL in the first three quarters down by 28.48%

TCL Group posted revenue of 58.8 billion Yuan, down by 28.48% year-on-year, net profit attributable to shareholders of the listed company 2.577 billion Yuan, up by 3.52% year-on-year, and net profit after deducting non-recurring profit and loss 0.503 billion Yuan, down by 68.44% year-on-year,...

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